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Hydropower Plant Investment Opportunity in Raigarh, India

Company with an upcoming 7.5 MW hydro electric project in Chhattisgarh is seeking financial investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hydropower Plants
Locations  Hyderabad + 1 more
Local Time 5:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.1 million for 49.0% stake (Native Currency: INR 90,000,000)
Reason: Funds are required to meet the immediate requirement for land, PPA, financing charges and to start c... View More
Includes physical assets worth USD 160 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
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Documents
Business Overview

- A shovel-ready project that has an annual estimated saleable energy of 22.46 MU.

- The promoter for this project has 15+ years of experience in this industry.

- State government of Chhattisgarh has allotted this project on a boot basis for 30 years, which is extendable by the promoter's choice for another 20 years.

- All statutory and non-statutory permissions have been obtained. The water allotment is completed as well.

- Land acquisition is in the final stages. The state government is acquiring the required land and will be registered in the company's favour for which social impact assessment study is done.

- Paper notifications in leading newspapers and gazette publications are also completed.

- The government has already issued a letter to the company for the payment of part of the land cost, to complete the land acquisition on a priority basis.

-100% of the power generated by the project will be solely purchased by the state government and the government has already issued a letter to the company for signing the PPA.

- The project has a very attractive tariff. At present, the tariff announced by the state regulatory commission is at the rate of 6.54 which is likely to be increased in the coming years.

- The total project cost is INR 62.42 crores out of which 70% is debt funding and 30% is equity.

- Our plan is to complete the project within 36 months.

- Company is looking for an investment and is open to various mutually agreed options.

- Our company is registered in Hyderabad but this project is in Raigarh.

Products & Services Overview

Renewable electrical energy from hydro power plant.

Assets Overview

15.21 acres of land, car, and office equipment.

Facilities Overview

- Purchased 15.21 acres of land for compensatory afforestation purpose. The present market value is INR 1.2 crores.

- Statutory payments for SIA, PPA, water allotment fee have been paid.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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